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Particle Board Market Share

Report ID: GMI12500
Published Date: Dec 2024
Report Format: PDF

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Particle Board Market Share

In 2023, key companies like Kronospan, Egger Group, Arauco, Finsa, Georgia-Pacific, Swedish Wood, Uniboard and Kastamonu Entegre held a combined market share of 5%-10%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.

Particle Board Market Companies

Major players operating in the particle board industry are:

Arauco
Daewon Industrial
Duratex
Egger Group
Finsa
Georgia-Pacific
Homanit
Kastamonu Entegre
Kronospan
Masonite
Nelson Pine
Pfleiderer
Sumitomo Forestry
Swedish Wood
Uniboard

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global particle board industry was valued at USD 25.4 billion in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032, driven by economic, societal, and technological trends.

The bare board segment recorded USD 15.4 billion in 2023 and is expected to grow at a CAGR of around 5.7% from 2024 to 2032, as they are less expensive to produce and purchase compared to laminated boards, appealing to budget-conscious consumers and industries.

The U.S. dominates the North America particle board market with an 82% share in 2023, driven by increasing urbanization and the demand for affordable construction solutions.

Key players in the industry include Arauco, Daewon Industrial, Duratex, Egger Group, Finsa, Georgia-Pacific, Homanit, Kastamonu Entegre, Kronospan, Masonite, Nelson Pine, Pfleiderer, and Sumitomo Forestry.